1006 Jonah Lane

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Address: 1006 Jonah Ln, Benton City, WA 99320, USA
Seattle & Northwest + Apartment Buildings
Created date: October 17, 2026
Date last updated: October 17, 2026
Price: $1,940,000Investment Analyzer NEW!

Property Description

MLS# 297229 MLS# 297226 The Housing Authority of Richland is officially accepting highest and best bids for the purchase of a rare investment portfolio consisting of 10 vacant single-family homes in Benton City, WA (Eastern Washington). This entire turnkey package includes the properties located at 1400 Della Ave., 1313 Della Ave., 1314 Della Ave., 1310 Della Ave., 1205 Jane Ave., 1201 11th St., 1203 11th St., 1000 Jonah Lane., 1006 Jonah Lane., and 904 Horne Dr. Offered strictly in "as is, where is" condition with no seller repairs or financing available, this portfolio is listed at an amount reflecting its independent appraised value. This price is not a minimum bid requirement, and all competitive offers will be reviewed. The bidding period is currently open and will conclude on November 8, 2026; however, the Housing Authority reserves the right to accept an exceptional offer and close the process at any time, or reject all offers if acceptable terms are not met. Key selection factors for the winning bid include maximizing price, securing a quick closing date, and ensuring general ease of transaction, with the final closing to take place at a local title company chosen by the Housing Authority. Interested buyers must submit their highest and best bid, alongside required proof of funds, to Ken Olsen at Retter & Company Sotheby's International Realty, who can be reached directly for all property inquiries and submission details.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,940,000
No. of Units: 10
Year Built: 1981
Opportunity Zone: No
Price per unit: $194,000
Property Website Click Here
Number of Bedrooms: 3
Number of Bathrooms: 1
Address: 1006 Jonah Lane, Benton City, WA 99320, USA
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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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